China Imports Weekly – Aug 24

Welcome to the Inaugural Edition of China Imports Weekly Roundup. Every Monday, we’ll be rounding up the top China importing stories from last week affecting e-commerce and small business!

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The RMB Devaluation: How it Affects China Imports

Renaud Anjoran of QualityInspection.org wrote a great summary of this week’s news coverage on the RMB (yuan) devaluation. Savvy importers should be able to negotiate better rates on production. And China imports pros might want to settle accounts in RMB to see the full benefit. Renaud shows you how here.

100's Die From Explosion at Tianjin Shipping Terminal

Our hearts go out to the people of Tianjin. Over 100 people died, and many more were injured, when a warehouse storing shipping containers exploded. While shipping operations out of Tianjin were only briefly disrupted, CNN reports that the environmental impact may have longstanding effects.